Reinsurance Pricing Actuary – Global Analytics

Reinsurance Pricing Actuary – Global Analytics

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Gallagher Re

At a Glance

  • Tasks: Support facultative placements and structured transactions through analytics and pricing.
  • Company: Gallagher Re, a vibrant company at the forefront of reinsurance.
  • Benefits: Competitive salary, diverse perks, and a dynamic work environment.
  • Other info: Advanced Excel skills required; knowledge of Python, R, or SQL is a plus.
  • Why this job: Join a team where analytics meets broking and make a real impact.
  • Qualifications: Actuary qualification or close to achieving, with pricing and analytics experience.

The predicted salary is between 60000 - 80000 £ per year.

Gallagher Re is seeking a Global Facultative Reinsurance Actuary based in London. This role sits at the intersection of analytics and broking, supporting facultative placements and structured transactions.

The ideal candidate should hold or be close to achieving an actuary qualification and have experience in pricing and analytics. In addition, candidates must have advanced skills in Excel and preferably knowledge of Python, R, or SQL.

Gallagher Re offers a vibrant work environment with substantial benefits, including a competitive salary and diverse perks.

Reinsurance Pricing Actuary – Global Analytics employer: Gallagher Re

Gallagher Re is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. Employees benefit from a competitive salary, extensive perks, and ample opportunities for professional growth, making it an ideal place for actuaries looking to advance their careers in a supportive and engaging atmosphere.

Gallagher Re

Contact Details:

Gallagher Re Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Reinsurance Pricing Actuary – Global Analytics

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Gallagher Re). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Gallagher Re. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Reinsurance Pricing Actuary – Global Analytics

Actuary Qualification
Pricing Experience
Analytics Experience
Advanced Excel Skills
Python Knowledge
R Knowledge
SQL Knowledge

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Gallagher Re.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Gallagher Re. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Gallagher Re

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Gallagher Re to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Gallagher Re, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Gallagher Re's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.